Ad Tech Briefing: Google’s Pmax updates suggest it might finally listen

Sometimes it feels Google can’t do right for doing wrong, but let’s not feel overly sad for a company that generates hundreds of millions in daily ad revenue.

As Digiday noted on multiple occasions, April was a tumultuous month for the online advertising giant. Multiple antitrust trials placed its data firehose Chrome at risk of a forced sell-off. Then, there’s the fate of third-party cookies in the market-leading web browser, a saga that has been a central strand in its narrative arc in the 2020s.

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A parallel strand to Google’s narrative throughout the 2020s has been the threat AI poses to what many consider Google’s moat: its search advertising business, which generated more than 50% of its ad revenue last year.

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At Possible, generative AI shifts from shiny object to useful tool, but with a long way to go

AI didn’t dominate the chatter at Possible like some expected but when it did surface, the tone had shifted: marketers are no longer starry-eyed. They’re focused on what AI can deliver now, not someday. 

In particular, some asked how it can be applied to ease the challenges advertisers face due to the fragmented digital landscape. 

Google’s announcement last week that it would continue to permit third-party cookies means Chrome is an outlier compared to Apple’s Safari and Mozilla’s Firefox. And, of course, this is not to mention the (already) cookie-less CTV or mobile device landscapes.

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